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HIM International Music (ROCO:8446) 5-Year Yield-on-Cost % : 3.51 (As of Jun. 20, 2024)


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What is HIM International Music 5-Year Yield-on-Cost %?

HIM International Music's yield on cost for the quarter that ended in Mar. 2024 was 3.51.


The historical rank and industry rank for HIM International Music's 5-Year Yield-on-Cost % or its related term are showing as below:

ROCO:8446' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.24   Med: 2.52   Max: 9.28
Current: 3.51


During the past 13 years, HIM International Music's highest Yield on Cost was 9.28. The lowest was 0.24. And the median was 2.52.


ROCO:8446's 5-Year Yield-on-Cost % is ranked better than
53.06% of 392 companies
in the Media - Diversified industry
Industry Median: 3.2 vs ROCO:8446: 3.51

Competitive Comparison of HIM International Music's 5-Year Yield-on-Cost %

For the Entertainment subindustry, HIM International Music's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HIM International Music's 5-Year Yield-on-Cost % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, HIM International Music's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where HIM International Music's 5-Year Yield-on-Cost % falls into.



HIM International Music 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of HIM International Music is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

HIM International Music  (ROCO:8446) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


HIM International Music 5-Year Yield-on-Cost % Related Terms

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HIM International Music (ROCO:8446) Business Description

Traded in Other Exchanges
N/A
Address
Jian Guo N Road, Sector 2, 15th Floor, No 135, Taipei County, TWN
HIM International Music Inc is a Taiwan based media company. The company is engaged in organizing media activities such as live events, autograph sessions, and endorsement activities. It also provides music records and albums. The company also arrange concerts in Taiwan.

HIM International Music (ROCO:8446) Headlines

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